Tata Steel is currently trading at Rs. 536.70, up by 4.60 points or 0.86% from its previous closing of Rs. 532.10 on the BSE.
The scrip opened at Rs. 535.00 and has touched a high and low of Rs. 538.80 and Rs. 532.05 respectively. So far 225470 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 578.60 on 09-Jun-2014 and a 52 week low of Rs. 195.40 on 07-Aug-2013.
Last one week high and low of the scrip stood at Rs. 565.50 and Rs. 512.50 respectively. The current market cap of the company is Rs. 52154.27 crore.
The promoters holding in the company stood at 31.35% while Institutions and Non-Institutions held 40.87% and 24.81% respectively.
Tata Steel will be seeking shareholder’s nod for raising up to Rs 14,000 crore through privately placed debt securities in domestic as well as international markets. Besides, the company would also be seeking approval for hiking the company's borrowing limit from Rs 50,000 crore to Rs 70,000 crore or the aggregate of the paid up capital and free reserves of the company, whichever is higher.
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